Lloyd's List is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Carriers summoned by China to curb transpacific mark-ups

A transport ministry notification seen by Lloyd’s List shows that a total of 14 container lines involved in transpacific trade were invited to attend a ‘consultation’ in Shanghai last Friday, aiming to ‘stabilise the international container shipping markets’. Sea-Intelligence expects more regulatory intervention from the US and European Union

Carriers were asked what measures they had taken to ‘curb the excessively fast mark-ups on China-US routes’, and to pass on the cost savings from the drop in oil prices and reduction of port fees. Cosco Shipping was said to have halted the September 15 general rate increase and scrapped scheduled blank sailings for October

Related Content

Topics

UsernamePublicRestriction

Register

LL1133833

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel